Video: What is the future of debt-ridden India's Jet Airways as aircraft grounding continues?

Tue 12 Mar 2019 12:03 PM GST
Indian airline Jet Airways is facing serious operational issues, with 25 of its aircraft currently grounded on account of payment defaults to the carrier's leasing companies.

Several other aircraft are also grounded due to maintenance, leading to the cancellation of an increasing number of flights in recent weeks.

Jet Airways officials said there have been talks of some 'interim payment' from SBI soon which could be used for paying pending salaries to its employees.

Arabian Business reporters Shruthi Nair and Shayan Shakeel discuss the future of the Indian airline after more flights get cancelled and grounded as payment defaults continue.

(Source: YouTube channel)